EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
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LG CHAIRMEN STILL UNDER GOVERNOR'S CONTROL- EX-KANO LG CHAIRMAN. (PHOTO).

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 Local Government Chairmen Still Under Governors’ Control – Ex-Kano LG Chairman


Local government chairmen in Kano and other northern states have denied receiving any directive from the Central Bank of Nigeria (CBN) regarding signatory verification for direct allocation disbursement. Despite reports of the CBN initiating the process, no local government in Kano has opened an account with the apex bank. Officials from Benue, Bauchi, Plateau, and Kwara also confirmed they had not been contacted.


The delay in implementing financial autonomy, despite a Supreme Court ruling in July 2024, has raised concerns among local government officials. However, former Wudil Local Government Chairman, Yusuf Ibrahim Lajawa, argues that local governments remain powerless, as state governors still control their affairs.


Lajawa insists that without independent electoral bodies overseeing local government elections, autonomy will remain unattainable. He also asserts that local governments can sustain themselves financially if state governments stop interfering in their allocations.


Although the Supreme Court has ruled in favor of financial independence for local governments, its implementation remains stalled, leaving local authorities in uncertainty.

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